REG - Anglo Asian Mining - Director Dealing

Anglo Asian MiningAnnouncement

30/09/2024 14:00

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RNS Number : 2858G  Anglo Asian Mining PLC  30 September 2024

 

30 September 2024

 

Anglo Asian Mining PLC

Director Dealing

 

Anglo Asian Mining PLC ("Anglo Asian" or the "Company"), the AIM listed gold,
copper and silver producer focused in Azerbaijan, announces that Governor
John Sununu, Non-Executive Director of the Company, has transferred 9,171,825
ordinary shares to Sununu Holdings LLC, a family asset holding company managed
by Michael Sununu, Non-Executive Director of Anglo Asian.

 

As a result of the transfer, Governor Sununu remains interested in 1,562,715
ordinary shares, representing 1.4% of the issued share capital. Sununu
Holdings LLC, managed by Michael Sununu, is interested in 9,171,825 ordinary
shares, representing 8.0% of the issued share capital.

 

Further information about the dealings is set out below.

 

For further information please contact:

 

 Anglo Asian Mining plc

 Reza Vaziri, Chief Executive Officer                            Tel: +994 12 596 3350
 Bill Morgan, Chief Financial Officer                            Tel: +994 502 910 400
 Stephen Westhead, Vice President                                Tel: +994 502 916 894

 SP Angel Corporate Finance LLP (Nominated Adviser and Broker)   Tel: +44 (0) 20 3470 0470

 Ewan Leggat

 Adam Cowl

 Hudson Sandler (Financial PR)                                   Tel: +44 (0) 20 7796 4133

 Charlie Jack

 Harry Griffiths

 

About Anglo Asian Mining

Anglo Asian Mining plc (AIM:AAZ) is a gold, copper and silver producer with a
high-quality portfolio of production and exploration assets in Azerbaijan.
The Company produced 31,821 gold equivalent ounces ("GEOs") for the year
ended 31 December 2023.

 

On 30 March 2023, the Company published its strategic plan for growth which
shows a clearly defined path for the Company to transition to a multi-asset,
mid-tier, copper and gold producer by 2028, by which time copper will be the
principal product of the Company, with forecast production of around 36,000
copper equivalent tonnes. It plans to achieve this growth by bringing into
production four new mines during the period 2024 to 2028 at Zafar, Gilar,
Xarxar and Garadag.

 

https://www.angloasianmining.com/ (https://www.angloasianmining.com/)

 

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING
MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM.

 1.            Details of the person discharging managerial responsibilities/person closely
               associated
 a)            Name:                                                         John H Sununu
 2.            Reason for the notification
 a)            Position/status:                                              Non-Executive Director
 b)            Initial notification/Amendment:                               Initial notification
 3.            Details of the issuer, emission allowance market participant, auction
               platform, auctioneer or auction monitor
 a)            Name:                                                         Anglo Asian Mining plc
 b)            LEI:                                                          213800F9JM669WH34359
 4.            Details of the transaction(s): section to be repeated for (i) each type of
               instrument; (ii) each type of transaction; (iii) each date; and (iv) each
               place where transactions have been conducted
 a)            Description of the financial instrument, type of instrument:  Ordinary shares of par value £0.01

               Identification code:                                           GB00B0C18177
 b)            Nature of the transaction:                                    Transfer of shares
 c)            Price(s) and volume(s):

Price(s)  Volume(s)
                                                                             £0        9,171,825

 
 d)            Aggregated information:                                       Single transaction as in 4 c) above

               Aggregated volume:

               Price:
 f)            Date of the transaction:                                      26 September 2024

 g)            Place of the transaction:                                     Outside a trading venue

 

d)

Aggregated information:

Aggregated volume:

Price:

Single transaction as in 4 c) above

 

f)

Date of the transaction:

26 September 2024

 

g)

Place of the transaction:

Outside a trading venue

 

 1.            Details of the person discharging managerial responsibilities/person closely
               associated
 a)            Name:                                                         Sununu Holdings LLC (a Person closely associated with Michael Sununu)
 2.            Reason for the notification
 a)            Position/status:                                              Non-Executive Director
 b)            Initial notification/Amendment:                               Initial notification
 3.            Details of the issuer, emission allowance market participant, auction
               platform, auctioneer or auction monitor
 a)            Name:                                                         Anglo Asian Mining plc
 b)            LEI:                                                          213800F9JM669WH34359
 4.            Details of the transaction(s): section to be repeated for (i) each type of
               instrument; (ii) each type of transaction; (iii) each date; and (iv) each
               place where transactions have been conducted
 a)            Description of the financial instrument, type of instrument:  Ordinary shares of par value £0.01

               Identification code:                                           GB00B0C18177
 b)            Nature of the transaction:                                    Acquisition of shares
 c)            Price(s) and volume(s):

Price(s)  Volume(s)
                                                                             £0        9,171,825

 
 d)            Aggregated information:                                       Single transaction as in 4 c) above

               Aggregated volume:

               Price:
 f)            Date of the transaction:                                      26 September 2024

 g)            Place of the transaction:                                     Outside a trading venue

 

d)

Aggregated information:

Aggregated volume:

Price:

Single transaction as in 4 c) above

 

f)

Date of the transaction:

26 September 2024

 

g)

Place of the transaction:

Outside a trading venue

 

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